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through, especially today. the fed is pumping action of billions of dollars in the market every month. the same time they're staying low or longer or slower longer which is an inflationary message . liz: again, people still look at that as a safety play, and i don't know if they should. >> because of the deflationary aspect we won't see inflation in the short term. deflationary in the short term. you could see that up to one and a quarter or below one. be careful about getting in front of that. it happens later than sooner. we have to worry about deflationary. liz: i should have been clearer when i said, are they fully yen. what i meant was fully engaged. watching the news flow, reading the new york times and the "wall street journal" to make sure they are on top of the fiscal cliff story. hard to go on vacation. >> absolutely. held in late now. more rhetoric than answers. we need more direction and tangible news so we can go forward. liz: that's higher. people have not even heard mention that it becomes the sort of holiday driving season. people get in the cargo visit their grandpare
be worse if the teachers hadn't taken action. you never know how you are going to respond in one of these life altering situations. >> two classrooms 3 minutes. 12 minutes after the hour. we will be here the next 4 hours and have continuing coverage through out the day. straight ahead your child didn't need to be at the scene of the shooting to be traumatized just hearing about it can be traumatic. as a parent what do you do? what do you advise? dr. mark seigel here live next. [ roasting firewood ] ♪ many hot dogs are within you. try pepto-bismol to-go, it's the power of pepto, but it fits in your pocket. now tell the world daniel... of pepto-bismol to-go. >> we were told to hold on to each other. went out they said there could be bad stuff. com when we got out they told us to open our eyes we saw glass and blood on the ground. >> that child reacting to the horrifying ordeal. 20 children among those killed in this massacre. what type of impact will this have on the survivors of the tragedy and how can we help all children cope with the violence? dr. mark seigel is associate pro
next guest says that is wh they should have voted against it. american majority action spokesman, i just saw your tweet. you're talking about, what was it, $200 million for alaskan fisheries. you said, why alaska? >> i don't know. alaska is the only state in he union where you et a plate -- paid to live. they all have to pay taxes. they can afford fishery project. the bigger project is, why was this in the emergency bill for hurricanes in the? doesn't make any sense. 9 billion will be spent in 2013. 85 percent doesn't come until 2014 and beyond. that's not immediately. what this bill is fundamentally is a poor bill. what the senate could have done is passed the clean $9 billion loan through -- through the states. here is your relief and pass that. instead to my they came back to washington to get their fix. the port that is in this bill, and it is ridiculous tom: like you said, trying to cram all this in before the end of the year. is -- every piece of proponent writing about this has said this is critical. you do it before the end of te year because these victims are sitting there,
like outside days and offside gaps. that was a key reversal. we also saw somewhat similar action around the thanksgiving. in 2011. i believe that this rally is genuine. we will need to hold on a monthly closing basis the 1400 plus. where would the charts the? if we take a look, at that horizontal line, you will notice that the outline correspond to keys peak. by taking an aerial view of the markets, sometimes they could offer potential clues. as long as we remain above this 1400 area on a monthly closing basis, we are building a potentially attractive base. ashley: the s&p up 114% since the bottom of march 2009. now, is that a little longing the tooth, as far as a rally? >> i still do not see any cavities. i might add, initial support for the s&p above 1400 on a weekly close. secondary supporters a little closer to the 1360-70 area. if we take if things like momentum indices, if we take a look at other technical indicators, i believe overall, as i said this weekend in my piece, the bullish resume is better than the bearish resume. there is always something, ashley. ashley: we have volat
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. still no real action as far as what we can see coming out on the looming fiscal cliff, we have a look at the very latest proposal. [ male announcer ] this is amy. amy likes to invest in the market. she also likes to ride her bike. she knows the potential for making or losing money can pop up anytime. that's why she trades with the leader in mobile trading. so she's always ready to take action, no matter how wily... or weird... or wonderfully the market's behaving... which isn't rocket science. it's just common sense. from td ameritrade. it's just common sense. those little things for you, life's about her. but your erectile dysfunction - that could be a question of blood flow. cialis tadalafil for ily use helps you be ready anytime the moment's right. you can be more confident in your ability to be ready. and the same cialis is the only daily ed tablet approved to treat and symptoms of bph, like needing to go frequently or urgently. tell your doctor about all your medical conditions and medications, and ask if your heart is healthy enough for sexual activity. do not take cialis if you
and for the retail stocks? holiday winners and lossers you do not want to miss next. liz: feds' latest action outweighing the benefits? the ceo with us, with you, to tell you some of the market risks involved. you need to know this stuff. ♪ staying active can actually ease arthritis sympto. but if you have arthritis, staying active can be difficult. prescription celebrex can help relieve arthritis pain so your body can stay in motion. because just one 200mg celebrex a day can provide 24 hour relief for many with arthritis pain and inflammation. plus, in clinical studies, celebrex is proven to improve daily physical function so moving is easier. celebrex can be taken with or without food. and it's not a narcotic. you and your doctor should balance the benets with theisks. all prescription nsaids, like celebrex, ibuprofen, naproxen, and meloxicam have the same cardiascular warning. they all may increase the chance of heart attack or stroke, which can lead to death. this chance increases if you have heart disease risk factors suh as high blood pressure or when nsaids are taken for long periods
is standing by on the new york stock exchange. nicole: you are seeing back-and-forth action on the dow jones industrials. they do seem to like it because basically it is the fed putting everything on a silver platter here and is giving it to the world and printing more and find more. it is doing that for an extended period. the people on wall street are saying what are they trying it to unemployment rates you saw the market selloff and now regain its footing. you do the qe forever. gold will be something that we should take a look at. the dollar is something that we have watched slipping away. it is continuing to do that. we have seen things and drugs doing well. the dow jones industrials are up they have of a percent for the sixth day in a row. people were thinking that the fed would have a very accommodative sense. one of the things that we should look at is the market is very reactionary. the truth of the matter is they are not pulling anything and they are not raising rates anytime soon because the economy is not sustainable on its own. while you are seeing some minor improvements here a
? if i win, can millions of others sue them? >> sure. that's what the class action lawsuit is about. i know you're a social media guy. imagine if your picture is posted on instagr and stolen and used as an ad. they profit it off it and it's your picture. it's interesting that now even with what their privacyolicy says, they've made changes. when you join instagram and use it, you agree to those terms. when they change it to benefit the company, of course you have a right and cause of action. >> kelly, i know when you go on google and you google information, the company actually uses that ta, mines of the data, maybe even sells it. isn't it the same? >> it is but facebook had a class action lawsuit about that for advertisements and selling information to companies and i think they settled for $915 million to make it go away. they have to disclose that ahead of time. you have to knowingly agree to that. instagram minors go on there. they cannot agree to any terms but instagram doesn't block them from using it so there's a possibility they'll pay. they have to be careful and user-friendly
public advocate bill believe you. ; ram your hand. told a. >> i send this to initiate divestment actions from all five city pension funds with combined assets of $115 billion and it is time to get out of the gun industry. i said as a parent and public servant. this is a watershed moment in american history. it is tragic that it took this to bring us to the understanding we had to change things the weekend along with business as usual. the fact this tragic young man had access to a legal military grade assault rifle says it all. pension-funds around this country, and $80 million in investment in the gun industry unfortunately have added to this normalcy of the situation. time to change that. liz: these are for firefighters, and police officers, teachers -- [talking over each other] liz: have you heard from teachers? >> i have heard from all sorts of new yorkers who think it is time for a change. if not now, when? michael bloomberg has been on target calling for changes in the federal legislation and pushing the president would the president needs to be pushed but there's something else we
by the speakers ponied, procedural excuses. they are part of excuses. they expect action. i say to the speaker, this is not a game, it is not scoring political points of putting wins on the board, there will be very serious consequences for many of families if congress fails to compromise. it is time for the speaker to return to the negotiation table ready to compromise. it is time for the house, especially house republicans to remember what is at stake. i repeat. further $50,000 program would pass overwhelmingly in the house. it is up to the speaker to let that occur. melissa: that was harry reid speaking on the floor. he was criticizing speaker boehner. we are waiting for senate authority leader mitch mcconnell to take to the podium and ressond to that. he is up at the podium. we will listen. >> here with the leaders of the democratic party, here in the senate, other than the president, these are the folks with the greatest responsibility for protecting the american people from the tax hike in america. what do they do, they stand in front of the cameras and laugh. they giggled at a bunch of
that action is necessary. i can report that we reached an agreement on all of the tax issues. >> obviously that was not the president. that was the republican leader has been negotiating with vice-president biden to get this thing done, get a from work done behalf of the president. >> it seems that those two were getting some action done. >> this is the way it has worked with these last minute deals, the debt ceiling and others. longtime friends. they knew each other obviously in the senate. more than 20 years. and so he said yesterday he could not get anything done with the democratic leader harry reid and needed to find a willing dance partner. he said he was going to call joe biden. that was about 24 hours ago. liz: right now the markets are very close to session highs with the belief that something is going to happen. we take it right now to the rotunda where rich edson has been all day long sinking his nails into lawmakers. tell us to you have, what you're talking about, what you were hearing. >> this is the framework of the deal they're discussing right now. as just detailed, the aut
creators from this looming tax hike. everyone afrees that that action is necessary and i can report that we have reached an agreement on all of the tax, the tax issues. we are very, very close. adam: close but you no cigar. the u.s. falls off the fiscal cliff at midnight despite something in the work. you heard what senate minority leader mitch mcconnell said earlier today. we have members from both the house and senate on what happens next. i'm adam shapiro, in for melissa francis. on "money" the capital-gains tax in the cross-hairs. the capital-gains tax will spike in the new year. how can investors protect themselves from the coming blow? respect your elders or else. a parents dream, a child's burden. adult children forced to financially support mom and dad and pay regular visits in one major country. we'll tell you where and why they're doing it. even when they say it's not, it is always about money adam: had enough of the fiscal cliff yet? before we go there, let's take a look at the day's market headlines a whipsaw for the session for the markets on their last trading day of the year.
for instant ram when you look at that disclaimer. eric: do i have any recourse? >> sure.he there's a class-action lawsuit, and eric, i know you're a great social media guide. imagine if your picture picture is takn and posted on the instagram and use as a disservice somewhere,ff they are using her likeness and it is your picture, so it is very interesting even with the privacy policy they have maden changes and when you enter into joining and using it, you agree to those terms.ave of course you have a right and the cause of action againstn yo them. eric: maybe even sells the data, isn't it the same thing? tha >> if you recall, they have a class-action lawsuit about that ford advertisement and selling your information to companies and i think they settled for $915 million to make that go away because it was. wrong. agr i have to disclose that to you ahead of time and you have to knowingly agree to that. they cannot contractually agree to any of those terms but they do not block them from using it, so there's always a possibility they will pay, they have to be very careful and user-friendly but whe
, as a parent. the president spoke of the node for "meaningful action," to readdress this, but offered no specifics. flags at white house and the capitol are flying at half staff, and at the sports world, moments of silence observed. a bitter hanukah and chriitmas for america this 2012. >> thank you, james, we will be right back with our continuing coverage of the school tragedy. >> child psychologist joins with a look at what could have been going law the minds of the children who were trapped snowed the school as the massacre unfolded. twins. i didn't see them coming. i have obligations. cute obligations, but obligatio. i need to rethink the core of my portfolio. what i really need is sleep. introducing the ishares core, building blocks for the heart your portfolio. find out why 9 out of 10 large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. ♪ [ engine revs ]
. not knowing what to do, they do nothing, but the people who do something, the people who take action, are far more likely to get the most positive outcome. making home affordable is a free government program. call now to talk one on one with a housing expert about the options that are right for you. real help, real answers right now. gerri: president obama calling on congress to act to avoid the fiscal cliff. the president said he is optimistic. modestly optimistic, that is, that a deal can be done. here is the president. >> i still want to get thi done. it's the right thing to do for our families and our businesses and for our entire economy. but for iediate action comedy hour is here. it is now. we are now at the point where in just four days, every american's tax rates are scheduled to go up by law. every american paycheck will get considerably smaller. that would be the wrong thing to do. gerri: no kidding. we have been telling you that for weeks. democrats and republicans alike should rename their parties the procrastination party. that is because like a lot of college freshman, they lef
action comedy hour is here. it is now. we are now at the point where in just four days, every american's tax rates are scheduled to go up by law. every american paycheck will get considerably smaller. that would be the wrong thing to do. gerri: no kidding. we have been telling you that for weeks. democrats and republicans alike should rename their parties the procrastination party. that is because like a lot of college freshman, ey left their work until the last minute. including the 800 billion-dollar fiscal cliff that we have been talking about. a hundred billion dollars it hasn't happened yet. it's not like the deadline comes as a surprise to anybody at l, the least of all coness. they were the ones who extended the bush taxcuts. originally passed back in 20,122,010 and 2012. for two years now, they have known the issue is looming and they chose to do nothing about it at all. but that is not the onl thing that this lame-duck congress has to do for the end of the year. the farm bill passed last summer to help farmers hit by the drought has to be extended. into the next year, it must
can get in on the action. >>> plus iran launches six days of war games in the strait of hormuz. is the regime preparing to stir up trouble in the one of the world's critical oil routes? more "money" coming up adam: if you're just joining us it has been a wild day in those negotiations over the fiscal cliff. president obama's meeting with congressional leaders ended about an hour ago. the president will make a statement on the fiscal cliff at 5:45 eastern time. we'll take that same live at fbn we have a picture of the white house for you and we will keep you posted when the president comes to the camera. >>> the oil boom doing more than increasing chances we'll become energy independent. it is also bringing about booming investment in the transportation industry. a new report says estimated $45 billion, you heard me correctly, $45 billion bucks will be spent new, expanded pipelines, railcars, rail terminals and that is just next year. how do you get in on this, right? it is a windfall. but is it realistic? we'll turn to andy lipow. andy i would have assumed it was shipped by pip
, that has not happened so far. dagen: relate north korea and this latest action and problems in the middle east. north korea's relationship with iran supplying technology there and does this now take our eye off of, say, just syria? >> it should not. any rocket or missile launch in northern korea is a missile launch for by rob. they are allies. they give each other technology. yesterday the president of the united states still clear that he will be the ally, the partner of the syrian opposition. dagen: serious how? what is next? what power does this give the rubble group and where does it take it? >> president obama said that he is not going to send weapons at this point in time. he will be calling for further economic financial and diplomatic measures here and elsewhere. we think that the new leadership of the opposition will sideline before we engage. dagen: greatest threat to us right now. pick a country, pick a group. >> it will always be iran. it is still growing. they have done benghazi. they may do more in the future, unfortunately. dagen: it was great to see you. thank you for your
and melissa. up 125 points. after two days of selling we are seeing some market action to the upside. we are above the 13,000 mark, well above that. 13,076. the nasdaq squeezing it out. concern for apple, but financials are doing well. let's take a look at the group. laying off 11,000 workers, that is the plan. a new ceo in place and he wants to make his mark. up 6.5%. it is under pressure, nowhere near $700 for the all-time high in september. the latest findings other actually going to use the market share for the ipad to the android in some microsoft folks, they're facing intense competition. with the findings you see stocks down 4%. back to you. melissa: interesting. lori: thank you. melissa: a battle for a deal inn the fiscal cliff continues, democrats cannot seem to find a compromise on top earners. rich edson is back in the white house with more. >> president obama said look, if republicans agree to my tax plan, we can get this deal done in a week.3 john boehner is waiting on the president, he says he's read hey to meet with the president at any time. we asked the president obama p
in europe? what about here and our lack of action in washington? >> obviously, i am very concerned. it shows a lack of confidence for investors. get behind closed doors in a serious way. it is ridiculous that the grover norquist pledge is taken by people we need to raise revenue. the president has to lead and not follow from behind on cutting the growth in entitlements. when people say we are going to cut spending, no, we are going to cut the growth of spending. medicare, medicaid, social security and other discretionary things in the budget. the gap is too wide. other people have pointed out we need revenue at 18.5% of gdp. we need expenditures at 21%. another point that i would like to make is the consumer has pretty much tapped out. if you look at nominal gdp it was up in the last quarter, personal income is only up 3%. that is a bad sign people are just saving and in solving credit is going back up. installment credit is up 11.7% year over year. a lot of these factors do not bode well. dagen: thank you for shaking me up this morning, scott. it was great to see you, as always. terrific in
inflation hits. >> you know, i just believe we are in a holding action until we resolve these immediate political problems. i agree with you was. this is a political crisis first and foremost. it is a weak economy. getting weaker. bond yields are going down. i think what peter speaks of is certainly possible in the near future. perhaps, the more distant future. bottom line, i expect more softening and a lack of confidence. >> the fact of the matter is, big government is very expensive. we need much higher taxes on the middle class. not on the rich, on the middle class. if they do not want to get stuck with this bill, we better start slashing -- [talking over each other] liz: we have to leave it there. thank you very much. really appreciate it. heading north for the winter. canada needs workers. out of work americans are happy to oblige. this is really an amazing story. oil is now trading just north of $90 a barrel. just down a fraction of a point. we will be right back. ♪ liz: welcome back. things are calming down from yesterday when a powerful winter storm pounded the nation's midsec
away if you experience a sudden decreaser lo in vision or aring. this is the age of taking action. viagra. talk to your doctor. ♪ [ male announcer ] they are a glowing example of what it means to be the best. and at this special time of year, they shine even brighter. come to the winter event and get the mercedes-benz you've always wished for, now for an exceptional price. [ santa ] ho, ho, ho, ho! [ male announcer ] lease a 2013 glk350 for $399 a month at your local mercedes-benz dealer. swiss first ♪ lou: joining us now, the former director of the congressional budget office, former commissioner of the financial crisis inquiry commission, how many shows can brag that we have had two members of the commission on the same night and, as well, president of the american action form. pretend you're. >> thanks. lou: fighting words in washington. the speaker today actually said these words. the president has adopted a deliberate strategy to a slow walk our economy right to the edge of the fiscal cliff. are you emotionally moved? do you think the nation is galvanized? >> i don't know
, but expanded them. carney was pressed to name one action the president has taken since then. >> i refer you to the justice department for specifics, but we have taken steps specifically on background checks to make the system thorough and complete. >> reporter: what might be difference after this tragedy is the children involved, making it more difficult for the national rifle association to stop action. today, two central democrats with ratings by the nra said for the first time they are open to new gun laws. warner tweeted this was a game changer, and mansion seemed to agree. >> this changed the dialogue, and it should move beyond dialogue. we need action. >> reporter: an area of possible agreement is senator diane feinstein reintroducing a ban on assault weapons, one specific carney says the president supports. the president and vice president met with cabinet secretaries this afternoon to begin the work of figuring out what specific legislation they may come up with to deal with the aftermath of this tragedy. lou? lou: thank you, ed henry, fox news chief white house correspondent. first
toward a fiscal cliff deal more in the action in the house or senate. the responsibility now to avoid massive taxes and draconian spending cuts resting squarely on the president. fox news chief white house correspondent ed henry with our report. >> just as our economy is really starting to recover and starting to see optimistic signs and we have seen actually some upside to from a whole range of areas, including two from including housing, now is not the time for more self-inflicted wounds , seven not the estimate from washington. lou: president obama's top advisers were quick to dump on the speaker come -- declaring he is backed into a corner. >> they went from plan b to plan seal later. the fact that they could not even plan -- pass that was an embarrassment. >> in private the president's advisers admit they are bit more apprehensive firmly believing mr. obama has the upper end of the public. if the market takes the hit to the commander-in-chief we will still face his share of heat for washington this function to may point republicans are hammering. >> the u.s. economy is estate her
back terms. euro rose to a $1131. that's high historically. action in the metals. silver, platinum, all sinking more than 1%. silver was today's biggest loser dropping nearly p 3% to settle at $32.81 an ounce. david: markets hopping, but the next trader says investor participation is shifting. in chicago, larry, the key question here is what happens when the market gets off its hind legs and moves? move up or down? >> it all depends on what happens with the fiscal cliff. right now, there's boehner yelled out by his own party, the conservative part of the wing, and also the left. he's in a really, really tight spot and an ultimate binary trade. if something good happens, we'll rocket higher. if something bad happens, expect the worst right now. that's the thing right now. it's a yes or no trade. liz: congressional know it all at fox news calls it rrpublican on republican violence. hard to get a deal in the own party, special interests, the markets, whatever happens, we want to make money. where did you see the flows today? >> -- >> just a sec. we picked through the numbers, the stock is
away if you experience sudn decrease or loss in vision or hearing. this is thage of taking action viagra. talk to your doctor this is thage of taking action [ female announcer ] some people like to pretend a flood could never happeno them. and that their homeowners insurance protects them. [ thundecrashes ] it doesn't. stop pretending. onlylood insurance covers floods. ♪ visit floodsmart.gov/pretend to learn yourisk. gerri: more warnings what they call e 15 fuel has one lawmaker trying to put the brakes on the environmental protection agency on this risky bet of ethanol and gasoline. joining me, republican congressman jim sensenbrenner. welcome back to the show. always great to have you here. >> happy to be here. gerri: tell me about the major objection to e15? what is the major problem with e15. >> e-15 will void the warranty on any car manufactured in this country since 2001. the engines are not able to absorb the amount of ethanol compared to gasoline. aaa estimates 228 million cars are being placed at risk. gerri: we're talking about. mw, chrysler, nissan, toyota, the bug. a
leads up to a day of action from the union on december 10 #th, you know, that never turns out well, does it? i mean, g.o.p., i think, loses on the issue because they are basically siding with the unions wanting to extend, preserve, and protect entitlement programs. they should take a page from george bushing and move towards privatizing entitlements giving ownership. they own a safety net that's nothing. it's empty. that's why the system is collapsing on itself. >> i think john's rnc sighing a breath of relief you are not in charge of the campaign. that's political suicide. neil: there's a point of losing resolve, their mojo. that used to be the stuff in dna to show responsibility. >> we talked about this. you have jim demint leaving the senate saying i'm more effective at the heritage foundation, the tea party and others do not want a deal. neil: worked under harry reid. >> well, no, no, he filibustered -- neil: no mystery leaving the body led by democrats. >> if you're jim demint, you hold fellow republicans accountable. striking a deal. neil: good point. i don't agree with why it's ha
[inaudible] >> the action taken -- >> given those actions it will be three years until you achieve your goals. is the message to people who are unemployed basically we're doing all we can? is this the conclusion that given that balance of factors this is the most we can expect? >> first of all, the projections you are looking at is based on each -- this is not committed collective production. what they are is 19 separate participants making their own projections based on their own views of optimal policy so for example includes those folks who think we shouldn't be doing any more purchases and their forecasts are included as well. it is not exactly apples-apples comparison. but it is true that if we could wave a magic wand and get unemployment down to 5% tomorrow we would do that but there are constraints in terms of the dynamics of the economy, in terms of the power of these tools and in terms of the fact that we do need to take into account the possibility of other costs and risks that might be associated with a large expansion of our balance sheet. [inaudible] >> just following
what will happen. we are hoping housing will pull us out of this malaise and we did a little action on that end. >> let's remember housing can only do so much. how they represented about 6.5% of gdp. it is only about two and .5% of gdp right now. although i think it will be a nice positive driver that has been for five or six quarters now, it doesn't have quite the impact it did a few years ago. tracy: were so great, thank you. >> than thank you for having me. tracy: the names most often used with talk about the housing crisis, believe it or not, you know him, fannie mae and freddie mac. making headlines again, so let's gegive you a refresher in two companies. then mae $116 billion from taxpayers. to be fair to pay some of that back. but they still owe nearly 88 early in dollars. freddie mac is not doing much better getting $71 billion going for $9 billion. they owe you and me more than $137 billion. but wait, here is some news. the federal housing finance agency near the 2010 and 30 employees are taking home a paycheck for the median pay is more than $2000. actually won six of the
a fine point on this. bob dean from the nrcd action fund is willing to go along with helping the chinese develop their natural gas reserves so that they don't become too dependent on coal. i think that's news. >> what we're trying to do is to encourage the chinese to promote all kinds of clean technology. we've had an office in beijing since 1995 and 30, 35 people there, we have good contacts in the government. good contacts in the business community and we're making a difference there, but what it's about, is helping the chinese to improve their efficiency. david, their industrial efficiency is improved by two-thirds since 1980, but they're still 15 to 20% behind where they need to be. they are he going to get there in the next-- >> let's be realistic, you're comparing natural gas and wind mills, it's going to be a long time before wind mills can get to where natural gas is. if we have to deal with a solution right now for the chinese to prevent them from spewing out all of that coal. 70% of their energy needs is coal-produced. if we want to switch to something cle something cleaner. na
to get in on the action. lance robert, the ceo of street talk advisers, find out why he thinks stocks are better with consistent returns and pay healthy diff denldz. makes sense. his top picks coming up next in a fox business exclusive. ♪ ashley: face call cliff, fiscal cliff, fiscal cliff, that's three more times, holding stocks hostage, down fifth day in a row. energy stocks notably weak again today. six down days in a row so check out the energy select spider exchange traded fund. it's xle, and it's basically a proxy for the energy complex, oil producers, service providers, pipeline operators, and xle, as you see, up 1.25%. in terms of the individual names, exxon mobile down 1.5%. chevron down 1.5%. total down 2%. conoco phillips 1%. red arrows across the board. congressional leaders meeting at the white house right now, and there is -- the question is is there any chance there's a deal before we hit the cliff, or do we just hunker down and wait for spring? gosh, i hope not. lance roberts, ceo of street talk, joining me in a fox business exclusive. lance, thank you. look, they ar
regime is prepared to deploy phem against rebels. the u.s. says it is ready to take action if it does. will this unravel mideast already on the brink? details coming up next. >>> us would you sell away your name for anntire year? one florida man is doing exactly that. he is sparking a bidding war between companies that want it. he will explain. "piles of money" comingup. ♪ . we got married. had three kids. and she became the full time mother of three. it was soccer, andallet, and cheerleading, and baseball. those years were crazy. , as we go into this next phase, you know, a big part of it for us is that there isn't anything on e schedule. >> i'm not going to telegraph in any specifics what we would do in the event of a credible evidence that assad regime has resorted to using chemical weapons against their own people but suffice it to say we are certainly planning to take action if that entualty were occur. melissa: secretary of state hillary clinton responding to reports syria's regime is moving its stockpiles of chemical weapons and there is new word that syria is combining chem
and the energy department. here to explain the director of regulation policy for the american action forum. sam, welcome. i want to start with this $106 billion number we were talking about in the break. this is a lot of money. so $106 billion. these are rules that are still being written that were supposed to go into place sometime this year. this as the laws not already on the books, this is what is coming. tell us about that. >> correct. for example, there are 25 economically significant regulation at the white house now, that is regulations with a economic impact of $100 million or more. some are rules under the affordable care act, menu labeling rules, rules for vending machines, labeling requirements. so there is a lot at the white house now. there is lot of rules that are passed their statutory deadline. past the deadline for the administration set for them, that have been waiting around for several months. we don't know why. you can assume might be because of the election because the pace we're on right now is significantly lower than other re-election years. for example, 2008,004, and
action in the cme. telling us why volatility will be a friend of his environment. we have seen in the last few trading sessions getting near and near is a safer place, a hedge and a plea for a flocked to the dollar in hard-core assets like gold and others. what are we seeing in the market today where you are it? >> today the interesting thing is what is going on with option prices were if you look over the last 20 trading days, about a calendar month, the calendar had done nothing. an annualized movement 9.5%. that is crawling way slow. meanwhile we are seeing the vix, the volatility index, creating higher and higher and higher. why? this fiscal cliff, i think we will see a large one-day move coming out of this. up or down. i think that price that the auction players play with setup for one big move and a whole lot of slowness. the asset you are seeing people go for our insurance product. gold is a week dollar play. all of the asset spectators thae are doubling and we will print money. that is why the gold has had such a run-up. shibani: i like this idea and i want to push you
from syria. inside syr, assad niece if we use them and we see them there will be international action against him. he will be put out. but if he is attacked in damascus, the palace is surround and wanted to break out and leave and may use it against the rebels for that purpose. second more important possibility, if he flees damascus he will not quit syria immediately. he will go to the northwestern part of syria where he has an enclave, his own community. if that enclave is attacked most likely he may be using wmds or chemical or biological weapons. am: very quickly, is anyone from the international community saying go to venezuela, go here, just get out? >> a lot of them. only country would be trust would be protected by iranian regime. he doesn't feel he has yet to go. none of the two major cities, aleppo or damascus has fallen yet. so he will continue that fight. adam: walid, thanks for joining us. in addition to the fiscal issues we have to watch the situation. doesn't feel like a economic story could economic impacts on whole variety of issues including the not only human element
. >> the violent actions are either in the minority or not. you basically all said that they are. therefore, it is the exception. when someone loses a political fight they protest. that is great thing about democracy. throwing into solyndra in there. here is where you are wrong. let me explain. >> this is the sin of obama economics it was supposed to go to shovel-ready jobs and men and women would partake in. it was handed to states so they could keep their pension funds flush and finance things like solyndra. even the president joked about there was no shovel-ready jobs. the labor movement should be mad at the president, not at republicans and not at fox news. >> neil: they did help push them over the finish line. >> but back to politics, i agree that is the political process we're seeing here. >> neil: i have no idea where we ended up but that is fine. just a dime for the holiday. one airline is giving flyers the gift of new speed. girl: don't look at me. second girl: your hair's a bit frizzy today. aw! ha ha! you should pick that up. announcer: every day, kids witness bullying. poor you.
and understand the needs to learn the consequences of his actions, helping him with his wife when football or college is over with. have an impact like that, i can't imagine another field of endeavor that is more rewarding than having that kind of impact on the young man. you would know that from raising your family and as they get older that is what i'm trying to do. liz: i am proud of you. you are really an example. it is never too late to go for that dream. congratulations. >> that means so much to me, thank you so much. liz: thank you ag, happy holidays. >> you got a birthday coming up. liz: i do. thanks for reminding me. the tenth annual twenty-nine cabarrus they. td ameritrade chairman and coach of the coastal carolina, we will be back in just a minute. we are holding on to these grinding higher moves up 14 points. want to y to crack it? yeah, that's the way to do it! now we need a little bit more... [ male announcer ] at humana, we understand the value of quality time and personal attention. which is why we are proud to partner with health care professionals who understand the diffe
in vision or hearing. thisis is the age of taking action. viagra. talk to your doctor. the one well, the president and the speaker matt. they apparently wrote no new vistas of opportunity to resolve the fiscal cliff. we will be taking that up with ed rollins next. president reagan's former political director. let's turn the wall street in moneyline. washington, what will it be able to resolve? concerns over inflation and other important economic reports. a big decline in gasoline prices last month. year-over-year inflation running a 20%. investors backing away from stocks. the s&p is down six points from the nasdaq lost 21. on the big board, just under 3 billion shares for the week. the dow jones down 23 points. the s&p up 4.5. nasdaq is down seven times -- seven points. the iphone is having less than enthusiastic reception. additionally, news that a federal jury found apple infringed upon free patterns, owned by mobile media ideas, a joint venture of gnocchi at and sunny. no word on how much apple would have to pay. crude oil and news of an increase of industrial production in chin
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